Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [international]

To be used for a) questions about outside the country of current residence. For example, regarding how the U.S. taxes earnings generated by U.S. citizens outside of the country. and b) questions involving multiple countries.

Where possible, questions should be tagged with a specific country tag.

399 questions
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9 answers

Why do financial institutions charge so much to convert currency?

With all the modern technology that we have, I am astonished that financial institutions charge such exorbitant prices for currency conversions. My bank, Fifth Third, charges a 3% conversion fee, while Paypal charges about 4%. I know that currency…
Chris Cirefice
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6 answers

Is "bank.gov.ua" the official website of the central bank of Ukraine?

Numerous websites have been encouraging people to donate to Ukraine, to their official government, via this website. (Note: ctrl+f "en" to find the English switcher.) Is this website legit (ie, controlled by the official government of…
blueorchid3
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6 answers

Where do countries / national governments borrow money from?

It seems that every country on Earth is in debt, but nowhere on the news do they ever mention to who. If countries are all in debt to each other then why not just cancel all the countries debt. If it's one central place why don't all countries just…
Jonathan.
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3 answers

Why does a US company need to know the location of their employees for tax purposes?

I read in the news (mirror): [Facebook] would take a more “measured approach” with existing employees based on job function and past performance, he said, and set a January 1, 2021 deadline for staff to update the company on their new locations for…
Franck Dernoncourt
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23
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3 answers

Global credit record: Would my good credit history apply internationally?

Does my credit record apply internationally? For example, if I have a good credit record in Australia, with a car / house loan and a credit card or two, can my good credit rating be seen by banks and finance companies if I move to Canada? Or would I…
a_m0d
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21
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7 answers

Can foreigners holding US tourist visa create a bank account in USA?

I am not a US citizen and want to visit USA as a tourist. Since withdrawing money from my home-country bank account will cost much, it is better to open an new bank account in US (after arriving) and transfer some money from my home-country bank…
LaTeX
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10 answers

How can I avoid international wire fees or currency transfer fees?

I'm paid by an American company, but travel to France frequently and need to have a French bank account for various reasons. So far the cheapest procedure I've found to transfer money is withdraw euros from an ATM with my American card, walk to…
Shep
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19
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2 answers

Has any country exempted their citizens/residents from the US citizenship-based taxation?

This question is about personal finance as this directly applies to my situation as a US citizen, which I intend to keep for work purposes, and as a citizen of another country, which I am willing to switch if it is tax advantageous. See Why was this…
Franck Dernoncourt
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16
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4 answers

Are credit histories/scores international?

I'm starting work in the US, and I'm wondering if my credit history will transfer. If not, is there a way for me to gain an "international" credit history, or equivalent, in expectation of other future moves?
blueberryfields
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2 answers

How do some companies allow some of/all their employees to work remotely from a tax standpoint?

I sometimes see job offers that allow employees to work remotely anywhere in the world. However, reading answers on Why does a US company need to know the location of their employees for tax purposes?, it sounds like allowing employees to work…
Franck Dernoncourt
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15
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6 answers

If a country can just print money, is global debt between countries real?

I was having a conversation with my brother last night and we were trying to figure out how exactly countries go into debt to each other. Say the US borrows money from China. What does this mean? Do they give us US dollars? Where do they get it? Can…
MetaGuru
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3 answers

How to take care of pension funds if career is spread over many different countries?

I am a young academic from The Netherlands presently working in Sweden. Due to the nature of modern Academia, I expect that within the next 40+ years, I will be working in many different countries around the world. I would like to not worry about my…
gerrit
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3 answers

Are there countries where children are forced to inherit their parents' debts?

Are there any countries in the world where the debts of the deceased must be inherited by the deceased's heirs? In the UK and USA, it seems to be well understood that if the deceased's estate is insufficient to cover any outstanding debts, then…
timday
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12
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1 answer

How does it work when the same ETF is listed on several stock exchanges?

I'm trying to understand how do ETFs listed in several exchanges work. Take VUSA, for example. It's listed in London, Zürich and Amsterdam. Same ISIN, so I assume it's exactly the same thing. If I buy VUSA from one exchange, can I sell it in a…
ggambetta
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3 answers

Why is deposit interest rate in the same currency different from country to country?

My bank offers 11% interest rate for 1-year deposit in USD. This is similar to what other Ukrainian banks offer but much higher in comparison with our neighboring countries, Belarus (3.5%) and Poland (1.8%). In the US it seems to be even lower at…
Pavlo
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